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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jan 08, 2003
Page
8
Proposal eliminates taxation on dividend income and raises Section 179 expensing for equipment purchases from 25 000 to 75 000. It also creates personal re employment accounts offering up to 3 000 for job search expenses to the unemployed.
White House outlined a $1.35 trillion tax package to revive growth, proposing total repeal of taxes on corporate dividends and accelerated 2001 tax cuts plus child credit, marriage penalty relief, and broader relief. The plan would cost $674 billion over a decade, with $102 billion in 2003, and aims to aid 92 million taxpayers, averaging $1,083 in 2003.
The Senate approved a benefits extension for workers exhausted by 26 weeks of state aid and remaining federal weeks, affecting about 1.5 million people and 2.5 million projected to exhaust state aid by June 1. Senate leader Tom Daschle criticized the delay as political. House Speaker Dennis Hastert began a third term as Republicans hold a 229-205 margin with Rep. Nancy Pelosi becoming party caucus leader.
The Daily Telegraph corrected a Sept 17 2002 Bluefield shooting report to state victim Edward Cline was 31 years old. The initial article misidentified his age.
Eldridge notes a drop to 6 of 13 troopers at a Pineville detachment as 51 state troopers serve in Army Coast Guard and National Guard reserves, about 9 percent of a 679 approved force. Miller warns of no replacements if another trooper is lost, risking a two year activation possibility for Eldridge’s unit.
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